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Tanla Platforms (BOM:532790) Debt-to-Equity : 0.03 (As of Sep. 2024)


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What is Tanla Platforms Debt-to-Equity?

Tanla Platforms's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹99 Mil. Tanla Platforms's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₹597 Mil. Tanla Platforms's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₹21,076 Mil. Tanla Platforms's debt to equity for the quarter that ended in Sep. 2024 was 0.03.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Tanla Platforms's Debt-to-Equity or its related term are showing as below:

BOM:532790' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.03   Max: 0.08
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Tanla Platforms was 0.08. The lowest was 0.00. And the median was 0.03.

BOM:532790's Debt-to-Equity is ranked better than
86.7% of 2196 companies
in the Software industry
Industry Median: 0.21 vs BOM:532790: 0.03

Tanla Platforms Debt-to-Equity Historical Data

The historical data trend for Tanla Platforms's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tanla Platforms Debt-to-Equity Chart

Tanla Platforms Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.04 0.05 0.04

Tanla Platforms Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 N/A 0.04 N/A 0.03

Competitive Comparison of Tanla Platforms's Debt-to-Equity

For the Software - Application subindustry, Tanla Platforms's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Tanla Platforms's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Tanla Platforms's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tanla Platforms's Debt-to-Equity falls into.



Tanla Platforms Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tanla Platforms's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Tanla Platforms's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Tanla Platforms  (BOM:532790) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Tanla Platforms Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Tanla Platforms's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Tanla Platforms Business Description

Traded in Other Exchanges
Address
Hitech City Road, Tanla Technology Centre, Madhapur, Hyderabad, TG, IND, 500081
Tanla Platforms Ltd is engaged in the provision of Cloud Communications for People and Things, Messaging, Voice, and IOT services. Its only operating segment being the CPaaS service provider. Geographically, it derives a majority of its revenue from India.

Tanla Platforms Headlines

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